Deseret Management Corporation
Deseret Management also has real estate holdings through other subsidiaries. The Mormon Church formed the holding company in 1966. While the Church of Jesus Christ of Latter-day Saints handles the spiritual, Deseret Management takes care of the worldly. The holding company oversees a portfolio of for-profit ventures for the Mormon Church, including Bonneville International Corporation (radio and TV stations), Deseret Book Company (inspirational publishing), and Salt Lake City's "Deseret Morning News" newspaper. Its holdings also include life insurance and financial services provider Beneficial Life Insurance and contract foodservices and corporate catering provider Temple Square Hospitality.
Contact Details
Office Address
Deseret Management Corporation
150 Social Hall Avenue, Suite 500
Salt Lake City, UT, USA 84145
Phone: (801) 538-0651
Fax: (801) 323-4236
Executives
President and CEO
Mark H. Willes
VP and CFO
Dale G. Bailey